Common use of Amendment and Restatement of Prior Agreement Clause in Contracts

Amendment and Restatement of Prior Agreement. This Agreement is an amendment and restatement, in its entirety, of the Prior Loan Agreement and any indebtedness outstanding thereunder shall be deemed to be outstanding under this Agreement. Nothing in this Agreement shall be deemed to be a repayment or novation of the indebtedness, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Lender against any guarantor, surety or other party primarily or secondarily liable for such indebtedness.

Appears in 2 contracts

Samples: Business Loan Agreement (Farmland Partners Inc.), Business Loan Agreement (Farmland Partners Inc.)

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Amendment and Restatement of Prior Agreement. This Agreement is an amendment and restatement, in its entirety, of the Prior Loan Credit Agreement entered into as of May 2, 2007, between the Bank and the Borrower, and any indebtedness outstanding thereunder shall be deemed to be outstanding under this Agreement. Nothing in this Agreement shall be deemed to be a repayment or novation of the indebtedness, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Lender Bank against any guarantor, surety or other party primarily or secondarily liable for such indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Nic Inc)

Amendment and Restatement of Prior Agreement. This Agreement is an amendment and restatement, in its entirety, of the Prior Loan Agreement entered into as of July 20, 2011, between the Bank and the Borrower, and any indebtedness outstanding thereunder shall be deemed to be outstanding under this Agreement. Nothing in this Agreement shall be deemed to be a repayment or novation of the indebtedness, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Lender Bank against any guarantor, surety or other party primarily or secondarily liable for such indebtedness.

Appears in 1 contract

Samples: Loan Agreement (Saker Aviation Services, Inc.)

Amendment and Restatement of Prior Agreement. This Agreement is an amendment and restatement, in its entirety, of the Prior Loan Agreement entered into as of June 27, 2012, between the Bank and the Borrower, and any indebtedness outstanding thereunder shall be deemed to be outstanding under this Agreement. Nothing in this Agreement shall be deemed to be a repayment or novation of the indebtedness, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Lender Bank against any guarantor, surety or other party primarily or secondarily liable for such indebtedness.

Appears in 1 contract

Samples: Loan Agreement (Servotronics Inc /De/)

Amendment and Restatement of Prior Agreement. This Agreement is an amendment and restatement, in its entirety, of the Prior Loan Agreement entered into as of November 14, 2012, between the Bank and the Borrower, and any indebtedness outstanding thereunder shall be deemed to be outstanding under this Agreement. Nothing in this Agreement shall be deemed to be a repayment or novation of the indebtedness, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Lender Bank against any guarantor, surety or other party primarily or secondarily liable for such indebtedness.

Appears in 1 contract

Samples: Loan Agreement (HF Foods Group Inc.)

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Amendment and Restatement of Prior Agreement. This Agreement is an amendment and restatement, in its entirety, of the Prior Loan Letter Agreement entered into as of September 25, 2015, between the Bank and the Borrower, and any indebtedness outstanding thereunder shall be deemed to be outstanding under this Agreement. Nothing in this Agreement shall be deemed to be a repayment or novation of the indebtedness, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Lender Bank against any guarantor, surety or other party primarily or secondarily liable for such indebtedness.

Appears in 1 contract

Samples: Uncommitted Loan Agreement (Middlesex Water Co)

Amendment and Restatement of Prior Agreement. This Agreement is an amendment and restatement, in its entirety, of the Prior Loan Agreement entered into as of February 2, 2007, between the Bank and the Borrower, and any indebtedness outstanding thereunder shall be deemed to be outstanding under this Agreement. Nothing in this Agreement shall be deemed to be a repayment or novation of the indebtedness, or to release or otherwise adversely affect any lien, mortgage or security interest securing such indebtedness or any rights of the Lender Bank against any guarantor, surety or other party primarily or secondarily liable for such indebtedness.

Appears in 1 contract

Samples: Loan Agreement (Technical Communications Corp)

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